Integrated Agricultural Business Development Program for Youth

Firmly believing in the development prospects of the Greek agricultural sector, Piraeus Bank has announced major initiatives, products and actions aimed at supporting and strengthening this critical sector of the national economy.

In this context, Piraeus Bank Group will make 500 hectares of land available to young people aged under 35 years, who wish to enter into the agricultural sector dynamically adopting principles of responsible farming and sustainable business. The land will be made available in the framework of an integrated program that will include land, required training, financing all the way to ensuring the sale of the produce. Upon successful completion of the 5 year program, the land will be conceded to the specific farmers.

The program will be implemented by the Centre for Sustainable Business Exelixis S.A., member of Piraeus Bank Group, which will be accepting applications from candidates as of June 1st.

The applications will be evaluated based on specific criteria; selected candidates will be included in an intensive training course that will start in September. The objective of the program is to deliver practical knowledge and guidelines on sustainable management of agricultural business, using good environmental practices, and will lead to the elaboration of a concrete business plan for every participant.

The young farmers who will successfully complete the course, will be supported via specially designed financing facilities to cover their establishment, required equipment, farming supplies, seeds or sporophytes. Similarly, the Group will cater for the complete absorption of their farm produce in the first 3 years, providing at the same time consulting and pactical guidelines for the implementation of their business plan.

This program is yet another initiative of Piraeus Bank Group demonstrating it commitment to supporting the country and young people in the current difficult economic juncture, also contributing to the consolidation of new, more responsible and sustainable business practices.

For further information, candidates may contact or call 2106291201, 2106291432 and 2106291555

Athens, 16 May 2013